Farmers in six Ontario counties have until Tuesday, June 18, to plant corn and still receive production insurance coverage through Agricorp. The announcement came late last week for corn acres being planted in Lambton, Middlesex, Niagara, Chatham-Kent, Essex, and Elgin counties. "Wet weather in parts of Ontario is creating difficult planting conditions for some corn... Read More
Category: Farm Management
Agriculture and Agri-Food has announced an early list of regions that are eligible for Livestock Tax Deferral in 2024. Agriculture Minister Lawrence MacAulay made the announcement June 14 in order to "provide producers with more certainty heading into the summer months." The Livestock Tax Deferral provision allows livestock producers in certain areas who are forced... Read More
A second Cargill meat processing facility, this one in Calgary, faces a possible labour disruption following a strike vote on June 10. Union employees, represented by the UFCW 401, voted 100 per cent in favour of a strike. The Calgary Case Ready plant is a further processing facility. If a stoppage occurs, the union says... Read More
The federal government's plan to raise the capital gains inclusion rate in less than two weeks will increase the tax bill on the sale of a typical Canadian grain farm by 30 per cent, based on research conducted by Grain Growers of Canada (GGC). Grain Growers has written a letter to Finance Minister Chrystia Freeland... Read More
Becoming an effective leader of any team begins with first taking charge of yourself. Leadership of self, says Mark Gasparotto, is a necessary step before being truly ready and able to lead others, whether on the farm or elsewhere in life. Gasparotto, founder of The Gasparotto Group and former Canadian military commander, says potential leaders... Read More
How often do we hear the old adage "farming is a lifestyle"? The simple fact is that while farming allows so many of us to live a beautiful way of life, connected to the land in a way that the majority of people could never imagine, it's not an easy way of life. Unlike the... Read More
New survey data shows around half of farms that have farmland rental agreements up for renewal this year are expecting rental rates to increase, with some anticipating a significant jump in the land rent component of their cost of production. Rising land rent costs are coinciding with the increasing cost of owning land, as borrowing... Read More
10 national farm and commodity organizations are raising concerns about the federal government's plan to increase the capital gains tax inclusion rate and related tax policy changes that were announced in the 2024 budget last month. The organizations, including the Canadian Federation of Agriculture, Canadian Canola Growers Association, Canadian Cattle Association and Grain Growers of... Read More
Farmers across Canada are feeling varying levels of certainty about their ability to market their crops effectively at a time when the market has bounced off of the lows seen through the winter months, according to the latest survey for the Canadian Farmer Sentiment Index, conducted by RealAgristudies. Note: The Canadian Farmer Sentiment Index is... Read More
The April 2024 results from the Canadian Farmer Sentiment Index reveal a nuanced picture of current farm financial performance nationwide, highlighting the variations in sentiment across demographics and farm types. This latest installment of the survey, which reflects farmers' financial status today compared to 12 months ago, presents an intriguing shift: for the first time... Read More